GalaxEye Space, a SpaceTech start-up focused on earth observation, today announced that it has successfully raised a $3.5 million round of seed round of funding led by Special Invest, a deep-tech venture capital firm. This fundraise is historic for the India SpaceTech market given the funding amount and speed with which the round was closed. … Read more
myTVS, a leading Indian player in the independent automobile aftermarket business announced its Series C fundraising of Rs. 690 cr as a combination of Rs. 487 cr from Castrol India Limited (Castrol) and Rs. 203 cr from an Exor fund managed by Lingotto. Lingotto is a wholly owned subsidiary of Exor NV, one of Europe’s … Read more
We Founder Circle (WFC), an early-stage start-up investment platform led by a global community of successful founders and strategic angels, today announced its aggressive startup investment plans for the Andhra-Telangana regions. The platform unveiled its targets – to invest in over 50 startups in the region in the next 5 years and facilitate funding for … Read more
Blod.in, a health-tech startup based in Chennai, secured an undisclosed amount in pre-seed funding. The deal was facilitated by Tamilpreneur, led by Shyam Siddarth, Founder & CEO and Praveen Krishna, Co-founder & CMO. Prabhu Rangarajan (Co-Founder of M2P Fintech), Mohan K (Co-Founder/CEO of IppoPay),, Vijay Pravin (Co-Founder/CEO of bitsCrunch), Ashok Vardharajan (CTO of bitsCrunch), Savitha … Read more
Mumbai-based Private Equity Fund Xponentia Capital announces investment in Fintech start-up Zype mentored by industry veteran Vivek Vig. Zypeis a new-age FinTech platform which aims toimprove accessibilityto credit for millennials and help them develop sustainable financial habits. Zype’s management team is led by Yogi Sadana – Founderand CEO,who has deepFintech experienceand has held several leadership … Read more
Bharat Krushi Seva (BKS) an Agritech started in July 2021 with a mission to drive mass adoption of digital agriculture across India has raised INR 43 million in its first round of seed funding from marquee investors, namely S. Amit Group, Upaya Social Ventures, Villgro, Criyagen Agri and Biotech, Mintosh Advisory & SiriusOne Capital. The Funds would … Read more
In a bid to build a bridge between talent and the content industry, Terribly Tiny Tales (TTT), India’s much-loved content company, has introduced its new ed-tech vertical, ‘TTT Academy.’ Through this platform, which already boasts 4000+ learner alumni, TTT seeks to offer the best content-learning courses to help aspiring content creators upskill, monetise and grow … Read more
MemryX Inc., a pioneering startup focused on accelerating artificial intelligence (AI) processing for edge devices, announced today it has opened an engineering center in Bangalore, India. The opening of the Bangalore site is complementary to existing MemryX engineering capabilities in Taipei, Hsinchu, and Ann Arbor. MemryX offers a differentiated high efficiency, low power, and scalable Edge AI solution that is … Read more
NF3, a community-first NFT swaps and financing marketplace, announced today that it closed a US$1.65 Million seed funding round. The round is led by Infinity Ventures Crypto and Spartan Group and supported by DWF Labs, and Saison Capital. Angel investors include Neil Gomes, EMEA Head of Fintech at Softbank, David Chreng, Founding Partner at LeadBlock and Bitmex Co-founder Arthur Hayes. NF3 was … Read more
First Mode, a global carbon reduction company focused on heavy industry, and global mining company Anglo American have signed a binding agreement to combine First Mode and Anglo American’s nuGen™ zero emission haulage solution to accelerate the transition of mining and other heavy industries to diesel-free futures. The transaction, which is expected to close in January 2023, values the newly … Read more
Healthy dessert brand, Get-A-Way has raised funding of around $2 million from Sky Gate hospitality, the parent company of Biryani By Kilo. The start-up founded in 2019, has launched healthy desserts which have no added sugar, are high in protein, keto-friendly and low in calories. Get-A-Way is a start-up that appeared in Shark Tank India … Read more
AlgoBulls, a fully automated algorithmic trading platform and fixed-income securities distribution network for retail market players, has received a $ 2 Mn investment from Venture Catalysts group, India’s first integrated incubator and a top early-stage investment platform for businesses. In addition to the 160-year-old Indian financial behemoth DSP Group, LetsVenture, Mr. Dishant Milan Parikh of … Read more
Swageazy, one of India’s all-in-one enterprise gifting platforms has raised INR 7 crores in a seed funding round led by Info Edge Ventures. The round also saw participation from Anicut Capital (Through their Angel fund arm), Huddle Ventures, and other prolific angel investors including Ankur Agarwal, Co-founder, Dunzo, Dhruv Toshniwal, CEO & Founder, The Pant Project, … Read more
In a cash and equity transaction, the content-to-commerce conglomerate The Good Glamm Group purchased a 51% majority stake in the digital media firm Tweak India. The Good Glamm Group’s unique content-creator-commerce play will be significantly strengthened by the greater access to the Tier 1 demographic that this strategic purchase would provide. The content-creator-commerce stack of … Read more
K8 School, India’s first and only Cognia-accredited online school is launching the first completely AI enabled Learning Management System (LMS) in India, on 26th January 2023. This LMS could be a path-breaking development in the field of school education, as it will aim to understand and analyze the learning behaviour of students and offer them … Read more
Simplilearn, the world’s #1 online boot camp for digital skills training, announced the launch of ‘SimpliRecruit’, a new platform to help recruiters identify the best talent across technology domains. The platform will serve as a one-stop solution to help companies hire talent proficient in-demand tech skills, and is aligned with Simplilearn’s core value of equipping learners with … Read more
Extending the current offering of design as a minor, FLAME University has introduced a Bachelor of Design (B.Des) program at the undergraduate level. Rooted in liberal education and centered around experience design, the program will prepare students for a fulfilling career in designing technology-driven human experiences – digital and interactive interfaces, tangible interfaces, different forms of immersive storytelling, … Read more
Healthium Medtech, a global player in medical devices, announced that it has entered into a definitive agreement to sell its UK-based subsidiary, Clinisupplies to KKR, which is investing through its KKR Health Care Strategic Growth Fund II. The company will re-invest the proceeds from the transaction to strengthen its portfolio in advanced surgery, wound care, … Read more
SanKash, the fastest-growing travel fintech offering financial services to the travel market, today announced its plans to hire 500 professionals in India, over the next six months. All these hirings will be to fuel SanKash’s sales and operations feet on the street capability to cater to its existing travel merchant base of 6000 spread across 250+ cities and increase its ground presence at … Read more
Venture Catalysts, India’s first integrated incubator and a leading early-stage investment platform for startups, announced today that it led a $2-million pre-series funding round for OneGreen, Asia’s largest e-commerce marketplace for conscious, sustainable, eco-friendly products. The funding will be used by OneGreen to enter its next phase of growth and improve accessibility and availability of … Read more
